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FOX News
Feb 23, 2013 1:00pm EST
spending control. it's by creating jobs, growing the economy, and expanding the tax base. >> president obama will continue to take his message on the road next week with a stop at a virginia ship building operation. virginia with the massive spending would be hit by the cuts. >> molly, good to see you, kelly? >> jamie, as washington braces for billions in budget cuts, oklahoma senator tom coburn is calling on president obama to stop a 100 city campaign style tour, and angela mcglowan is a fox news political analyst, mark hanna, an adjunct professor at media of new schools and former aide, mark and angela, thank you for joining us, as you both know, senator tom coburn of oklahoma sent a letter to the white house, in it, if washington is truly cutting spending on missions many consider vital, how can we at the same time promise and promote more financial adistance, much less afford this mammoth, 100 city cross country tour, wrote coburn, and while he talked about that, while it's well intentioned, he's urging the president to cancel this tour. mark, what do you think about that? >> kelly
FOX Business
Feb 23, 2013 10:00am EST
drones flying over the united states. higher gasoline prices, higher taxes, weakening the economy and taxes, weakening the economy and harris on what the future holds. at a dry cleaner, taxes, weakening the economy and harris on what the future holds. we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to u all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. hey do you wanna get a drink later? progressive direct and other
MSNBC
Feb 16, 2013 7:00am PST
be quote as necessary to defense as it is to the national economy and the personal safety. as president, eisenhower set out to gather national support complete with a made-for-tv style campaign ad. >> in this century, america has become a nation on wheels. we ride on wheels to work, to shop, to play, to go about any place we want to go. we depend on wheels to bring us the food we eat and the clothes we wear and the things that we use, but when we depend on wheels, we depend also on highways. >> but of course, as all things in washington tend to go, the 34th president struggled with the lack of consensus. governors, democrat and republican, fought eisenhower e on with what they called his plan for the biggest federal aid programs, calling the republican president to task for running away from his staunch opposition to federal encroachment on state sovereignty. it was in fact the democratic senator from virginia, harry byrd, who tried to block eisenhower's plan, and byrd was known as a pay as you go man, and he had a wild hatred for debt. after a lot of coalition building president dwight
FOX Business
Feb 22, 2013 1:00pm EST
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> at 20 minutes past the hour, i have your fox news minute. a south african judge has allowed oscar pistorious to go free on $113,000 bail. the track star is charged with the murder of his girlfriend on valentine's day. oscar pistorious says he shot the model accident late thinking she was a intruder in his house. prosecutors say it was premeditated murder. a fire department official says only the flight team was on board the chopper when it went down. it was heading to pick up a patient 70 miles away. cuban president has raised the possibility of retiring, but did not say when he may make that decision. the 82-year-old leader made the comment in savanna. those are your headlines on the fox business network. back to ashley. ashley: all right. thank you very much. shibani: representatives from boeing meeting with the faa today. solutions for the battery fires that have grounded the 7873 minor. peter barnes is in washington. peter: top boeing executives are expected to propose a new design for
FOX Business
Feb 20, 2013 5:00pm EST
's what is "money" tonight. it is eight days until the sequester plows into the u.s. economy. who is really facing the most financial pain? how can you make money from it? today's panel cuts through all the washington noise to get you some answers. >>> plus a breakthrough for health care. thousands of self-serve kiosks come to wal-mart and sam's club stores. can free health screenings prove a game-changer for providing care? the founder and ceo of the company behind them joins us. >>> ditch that fancy trip to the caribbean and come get baked in colorado. call jeff sipc oli. it gets green light from colorado regulators. businesses plan to lure tourists and turn colorado into the next amsterdam. will be a hit or the next buzz kill. even when they say it is not it is always about money adam: good evening to you. just eight days and a few hours until the latest government improsed fiscal disaster. eight days until cuts that both sides say they will completely crater the economy take place. and just eight days until budget cuts could tank wall street and the stock market rally which up
MSNBC
Feb 18, 2013 8:00pm PST
to "the ed show" from new york. the republicans' presidents' day sale on the economy a total bust. tonight the truth on our spending problem. this is "the ed show." let's get to work. >> there you go. good job. >> four years after the stimulus saved us from depression, republicans are dragging us into recession. >> spending is the problem. >> tonight the facts versus republican fantasy on the economy and the sequester. >> we have had a massive cover-up on the part -- >> but a massive cover-up of what? >> john mccain is at it again. >> do you care whether four americans died? >> retired colonel lawrence wilkerson on the blind republican rage over benghazi. >>> the luv gov is hitting the trail again. >> i'm a bottom line kind of guy. it's going to hurt. >> we'll show you his questionable ad. >>> plus, marco rubio disagrees with his own immigration plan because the president likes it. >>> mississippi finally got around to banning slavery this month. >>> and the oscar-nominated movie "silver linings playbook" is shining new light on treating mental illness. director david o. russell joins me t
MSNBC
Feb 20, 2013 5:00pm PST
right. the cuts are not smart. they're not fair. they're going to hurt the economy. but what the president didn't mention, that the sequester, that was his idea in the first place. >> not smart, not fair. it was his idea? let's keep adding it up, boys. today john boehner fired off his latest shot in this blame game. he took to the pages of the "wall street journal" to accuse the president of the united states of creating a financial crisis. boehner said the president's sequester is now eminent. but the daily beast website released some information today to knock down boehner's accusations. you see, back in 2011, boehner's office developed a power point presentation for house republicans. it was a two-step approach, but it actually contained three steps. first of all, no tax hikes. of course that's typical. spending cuts extending the debt ceiling increase, and spending caps. but while pushing those spending caps, boehner did what? he highlighted a special trigger mechanism -- sequestration. boehner was selling this idea to his caucus as a good way to make sure that they were
MSNBC
Feb 21, 2013 2:00pm PST
world when you decide chopping down the government and hurting the economy is the smart move. but bring it all down is now the hard right battle cry. slash spending, short the pentagon. crew up traffic control whatever raises the noise level, bashes the democrats and lowers hope. is this the tea party dream? is this john boehner's version of feeding time at the zoo, giving the crazies what they want so they will sit in their seats and behave? is this final payment to insanity the last vestige of what calm republicanism is ready to cough up? but how else can you explain the readiness of the gop leadership to let this fraken stein's monster, it doomsday machine, this sequestration go all out berserk? how else can we understand the party of lincoln doing such economic damage to the republic, such damage and moral to the people. democrat ed rendell and republican michael steele. gentlemen, i want to start with you, michael, because i know you will disagree with me and that's what this is about. i read a lot of good reporting today, not analysis, but good reporting from your side of the aisl
FOX Business
Feb 16, 2013 5:00am EST
-- and going to remain dysfunctional and that the economy is weak. gerri: a long way to go. i thinkou're absolutely right. those memories are still fresh of losing half of your retirement savings. you don't forget that in a heartbeat. they come up with reasons for delaying retirement. 58 percent said don't have enough savings. outstanding debt and market stability in housing values. and interesting because so much of regular american wealth is tied up in their house. that took a major hit. >> absolutely. gerri: and so when you look at market stability going forward, there seems to be no real place in the stock market that will continue rising even though we have seen a great run. what is amazing is the number of individual investors stayed at of the market despite the fact that we keep seesawing back and forth over the 14,000 level on the dow. >> well, you know, investors have been burned, but nothing the other thing, the reason my retirees are fearful is that interest rates are so low. takes two and a half times more money to generate the same amount of income as it did ten years ago
FOX News
Feb 21, 2013 3:00pm PST
on the economy if it were to take place. >> there were others like howard dean suggesting the president should let the sequester happen. to slice the pentagon's budget. dean telling the huffington post i'm in favor of the sequester. it's tough on things i care about a lot but the fact of the matter is you are not going to get another chance to cut the defense budget in the way it needs to be cut. white house officials disagree. as an outgoing defense secretary leon panetta who warned such deep cuts could leave america with a second rate military. you will remember republicans were furious before the election that the white house did not follow the warren act that requires employers to warn employees about the potential lay-offs. since furlough notices are only going out now, defense officials say they work at the pentagon until late april. even if the sequest starts on march 1. at the white house, ed henry. fox news. >> bret: the pentagon's budget chief says the effects of the cuts will be felt nationwide. he says the biggest potential losses will be in california, texas, georgia and virginia.
MSNBC
Feb 23, 2013 7:00am PST
we all lived when the floor fell out of the 2008 economy. that was the detroit represented by the three big auto manufacturers whose failure would have symbolized to many of us the very failure of america, and that detroit as the obama for america campaign reminded us repeatedly, is now very much alive and kicking. but that detroit, the detroit we all want to see survive, exists in the entire country, not within any specific municipal bounds. then there is the literal detroit, the one where people live, the renaissance city founded initially in 1701. once it was a hub for mechanical manufacturing and detroit in the mid 20th century was a magnet for those looking for work. the city's population grew to more than 1.8 million residents in the 1950s. today, according to the latest census, detroit is the only -- the country's 18th largest city with just more than 700,000 inhabitants, for a city that covers almost 139 square miles. a space that san francisco, boston and manhattan could fit in with room to spare. there are so many factors contributing to the city's financial distr
NBC
Feb 18, 2013 6:30pm EST
evening to you. $3.99 at this gas station right here. the timing is not good for this. the economy is fragile, and all the money that is going into gas tanks, it would and could be going into instead groceries, maybe a movie out, maybe a dinner out. at gas stations across the country, customers are asking the same question. what could possibly send gas prices up 43 cents in a month? that's an extra $8.60 on a 20-gallon car. in chicago, more than that, up 70 cents in a month to 4.$4.22 gallon. for taxi driver ray hubert, that's real money. >> it digs into my pocket. i pay for my own gas, nobody else pays for it. >> reporter: in los angeles, up 50 cents in a month to $4.28, some stations charging more than $5 a gallon. >> it doesn't make sense. we went to vegas last weekend and the prices were like $1.50 less. >> reporter: were portland to portland, gas prices have risen every day for the last month. >> the rising gasoline prices is extraordinary for this time of year. we usually see this happen as we go into the summer driving season. >> reporter: what's going on? analysts say the r
MSNBC
Feb 22, 2013 5:00pm PST
are strong as a nation, and our economy is strong enough to recover from this piece by piece. what about that? >> well, this is where i would be critical of the president, ed. i think we would have faster economic recovery if we weren't laying off police officers and firefighters and school teachers all over the country. if you look at the reagan era, one of the things reagan did was a huge ramp-up when the economy was in trouble of government employees. but without question, the deficit is coming down to where it should be. which is slightly above spending or a balanced budget. it's going in that direction. the president has had the smallest growth in discretionary spending in numerous presidents as opposed to the big spender george w. bush who came ahead of him. >> dave, stay with us. i want to bring in steve benen, msnbc contributor. good to have you with us tonight. why are mainstream journalists repeating this lie about president obama not having a plan to replace sequester? >> well, i can only speculate about what brooks and others are thinking. but i would think in all likelihood, ther
FOX Business
Feb 22, 2013 9:20am EST
our overall economy use less oil. and we've got fewer oil imports now than we have in a very long time, but there's more work to do and unfortunately because of worldwide demand, oil prices are going to keep on going up and down until we put in place some of the energy saving proposals that i have talked about during the the state of the union. stuart: all right, a fairly simple answer from the president and energy policies, follow my policies and all will be well. remember, the price is doubled on his watch and billions wasted on green energy, little impact. we've got more on that coming up on the show. here is what we've got now, across the board cuts go through maybe march 1st will we therefore sell off on the stock market. that's on the opening bell next. it's a new day. if your a man with low testostero, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axironan transfer to others through direct contact. women, especially those who are or who may bec
MSNBC
Feb 19, 2013 3:00pm PST
's lead. republicans trying to tank the economy again. today president obama called out the gop for refusing to stop catastrophic budget cuts due to hit next friday. cuts that could derail our entire economy. these cuts were never supposed to have happened. they were designed to be so awful that even republicans would see the light in compromise on a budget deal before they could take effect. but the gop refused. >> these cuts are not smart. they are not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> people will lose their jobs. these cuts will effect huge parts of the economy. and cripple essential government services that millions of people rely on. >> emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic con
MSNBC
Feb 20, 2013 7:00pm PST
when we were trying to save the economy, until this time. and now that we are finally stumbling back from the depths of recession, we are still trying to cut government jobs. look at this, more than 70,000 government workers were canned when the recession began. the government sent 9,000 government workers home with a final paycheck, good luck, officer, see you around. so chart imitates life. we lionize and celebrate the people who fix the math, and rescue us from fires. we lionize and celebrate them justly as we should. and then in record numbers we can them, hurting them and us as a country. not every public sector worker is going to win the medal of valor like those at the white house today. but there is reason to appreciate them, both in the heroic and in the specific, and in the aggregate, for what they do for us every day. that does it for us, we'll see you tomorrow night, now it is time for "the last word" with lawrence o'donnell. >>> john boehner now claims he had nothing to do with the dreaded sequester, even though he voted for it. even some republicans are not letting him
CNN
Feb 17, 2013 6:00am PST
-the-board cuts. >> please, i would like to finish what i'm saying here. 750,000 jobs will be lost. the economy will shrink by 6%, and what we've produced is very simple. it's closing loopholes. the only people who support them are the people who benefit them from them, oil and gas loopholes, the idea that businesses shouldn't get breaks by sending jobs overseas, the idea that someone who makes over $1 million should pay a higher rate than others, and whether it's right on the eve of sequestration or if god forbid it has to take effect for a few days, the devastating effects will be so strong. the president will be out there on his bully pulpit that just like on the fiscal cliff republicans will come on board. they have no choice. their arguments are untenable and don't meet the favor of hardly anyone other than themselves and the few whose special interests they are protecting. >> let me move you on to immigration simply because we now see the white house sort of draft immigration bill, at least the skeleton of it, has been leaked out there. we know that democrats had been saying to the white
FOX Business
Feb 22, 2013 4:00pm EST
back when s&p closes. but how much of a drag that putting into the economy and market as well? >> at this point not so much, because it is early on. as long as the ga hangs around $4, that is where we're at in chicago land area, 3.80 in the country, the more it stays up the more of a drag it will put on there i don't know the exact correlation when you see gas prices at $4, the equities pull back. david: we'll check in with you a few minutes when the s&p futures close. >> thank you. sandra: thanks, dan. let's bring in our market panel. harry shover joining us in studio for a change and steven sachs. larry, you saw the dow finishing positive for the week but the s&p snapping a seven-week winning streak. are you in the camp that we may be in for a correction here in the stock market? >> yeah, sandra, i do believe it is well overdue we'll have a correction. the bigger story remains in place. valuations are good. the economy is trudging along. i do believe we'll see 1550 in the s&p by the end of the year but we have gone up too far and too fast and we are overdue for a correction.
MSNBC
Feb 23, 2013 9:00am PST
with the the sequester. it's hanging over the economy. and you say like the airplane we are flying is going down and we're taking a break to watch the in-flight movie. so what are you talking about? is this sort of a lack of urgency from both sides? because there's no incentive for democrats nor republicans to cut a deal here? >> i am not saying that at all, alex. i'm saying that the house leadership on the republican side, which controls the schedule, controls the calendar, they have every power to bring us back to d.c., to go back to our desks on the floor of the house and work out the problem. with ten days to go before the ridiculous sequester takes place, we don't get called back to washington. instead, we have what we call a district work week scheduled. in other words, people are working on things other than averting this sequester. i think it's ridiculous. i think that even to see the republican house leadership working hardest on blaming president obama for the sequester is foolish. what we have is speaker boehner making posters about president obama trying to call it the obama-quester, sort o
CNN
Feb 15, 2013 10:00pm PST
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. >>> the former lapd officer now has thousands of his brothers in blue chasing him. just who was christopher dorner? what lit the fuse to cause this explosive rampage. >> reporter: christopher dorner, target of the largest manhunt in lapd history. a vengeful ex-cop, highly trained marksman, armed and dangerous. turning against the very agency that defined him. >> he loved being a cop. he wanted to be a cop all his life. >> the chris corner that was terrorizing california is far from the sunny upbringing of his southern california childhood. he grew up in los angeles's sprawling suburbs with his mother and sister. it's here
MSNBC
Feb 20, 2013 10:00pm EST
. they are not necessary, they will hurt the economy and cause unemployment. and the reason is that congress has not been able to come forth with a balanced deficit package. the majority of people want that kind of balanced package, the deficit reduction. now i need congress to act, they have nine days to do it. >> john boehner spent today on recess, but his writing staff published a piece in "the wall street journal" accusing the president of raging against the budget he created. he led the republican house in voting for it, which some conservatives have not forgotten. byron york, chief political conservative columnist, wrote, john boehner describes the sequester as a policy that threatens the security, leads to the question, why would republicans support the measure that threatens national security and thousands of jobs. byron york continues the effect of the argument is to make obama seem reasonable. after all, the president certainly agrees with boehner that the cuts threaten national security and jobs. the difference is obama wants to avoid them. could the gop message on the sequester be anymore sel
CBS
Feb 19, 2013 4:00pm EST
from the new director of the training economy, -- academy, major joseph smith on his priorities. >>> a delegation of lawmakers in cuba today. five senators are asking raul castro to release the maryland businessman to improve relations between the two countries. gross is serving a 15-year sentence for bringing communications equipment to the communist country. cuba said it is willing to release the 63-year-old. but in return, it wants washington to return five cube arn intelligence agents imprisoned in the u.s. >>> heated words today over the proposed gas tax. maryland house republicans say the state needs better management of transportation revenues, not more taxes. senate president mike hiller responded by calling them neanderthals in terms of their thinking. the bill would put a 3% tax on a gallon of gas. miller's proposal would make it harder to use in other budget holes. >>> well, it sounds like a hollywood action film. but for police in belgium, the robbery of millions of dollars in diamonds from a plane is very real. venita neyer --
CNN
Feb 21, 2013 10:00pm EST
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> keeping them honest. tonight, more secrets to share with you about the high cost of health care. what we're going to show you could save you money, possibly lots of money the next time you get a bill from a hospital. we've partnered with "time" magazine. the special report called "bitter pill: why medical bills are killings us." a journalist spent seven months investigating and what he found is jaw dropping. drew griffin is digging on our end, finding why a lot of people are profiting on your high bills, even those hospital who's call themselves nonprofit. how are hospitals pulling in so much money? oh, let us count the ways. here's part two of drew's report. >> reporter: pat palmer has built a business around helping patients fight hospital bills. she says in no other business are all of the costs of doing business itemized and billed separately. you don't have a separate electricity bill added on to your grocery bill or a refrigeration bill charged separately when
MSNBC
Feb 23, 2013 4:00am PST
whole economy. >> colorado governor john hickenlooper, one of the governors who met with the president on friday about the potential impact that the sequester would have on state economies. let's go to kristen welker. what are they doing to keep the sequester from taking affect? >> president obama will have conversations with congress this weekend and into next week. so far, talks have yielded no results. both sides are dug in, and it seems increasingly likely that the sequester will go into effect. in his weekly address today, president obama said it's up to congress to act. >> i never think anything is inevitable, we have the opportunity to make the right decisions. my hope is we can see a different course taken by congress. this should be a no-brainer. >> in an effort to pressure congress, the obama administration has also been painting a fairly dire picture of what will happen if the sequester kicks in and on friday outgoing transportation secretary ray lahood says it will have a big impact on the air travel industry. as many as 47,000 employees could be furloughed and that could u
CNN
Feb 19, 2013 2:00am PST
into the health of the economy. >> and brand new this morning, a really shocking report that the chinese military may be behind hacking targeted at the u.s. kristina is here with news on that. this is kind of a huge business. >> it is. it is a business story. you talked about intellectual property in the united states. you're talking about companies and what they build and what they make and sell around the world. very concerned about what one group is calling an extensive cyber espionage campaign by the chinese military. not only a national security threat. it is also a huge risk to american business. economists have no idea how much it actually costs the u.s. economy. but this he know it's billions. we've seen estimates from a few billion to as much as $100 billion a year of lost american business because of chinese hacking. and critics of chinese hack ig say what china lacks in innovation it makes up in the intellectual property theft. the cyber security firm mandian says the sure scale and duration of the sustained attacks against a wide set of industries from a singularly identified group in
ABC
Feb 18, 2013 5:30pm PST
personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve yo
CNN
Feb 19, 2013 1:00pm PST
are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roll. people will lose their jobs. the unemployment rate might tick up again. >> cnn chief national correspondent john king is looking at the impact that we can expect from these cuts. >> webster defines sequester as to set apart or segregate. in washington, it's a fancy word for spending cuts. an example of political leaders in both parties are failing to do their most recent job. >> they have doubled down on the cuts i've outlined. >> here's what will happen. $85 billion in federal budget cuts kick in. that's 9% of nondefense spending and 13% of the pentagon budget over the next seven months. what's protected? medicare and social security. so are medicaid and food stamps, military personnel and the v.a. are examined. most federal agencies would make cuts and the white house warns, among other things, furloughs of the fbi, border patrol, and food safety inspections. the president says vital government services would suffer and the economy would weaken. republicans
FOX News
Feb 21, 2013 8:00pm PST
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >> greta: 11:00 is almost here, time for last call. can the u.s. crack down on cyber attacks and pay back china at the same time? >> political news here there is talk that the white house may fine china for recent cyber attacks on american companies. fines could total in the millions of dollars. we can use that money to pay back china this, is perfect. >> greta: that is your last call. thank you for being with us tonight. go to gretawire.com and tell us what you think about foreign aid. we'll see you tomorrow night 10:00 p.m. eastern. go to gretawire.com. captioned by closed captioning services, inc. >> bill: the o'reilly factor is on. tonight -- >> there is a face missing ins
MSNBC
Feb 19, 2013 4:00pm PST
laid out for republicans. it's not just the economy that will suffer from the looming cuts next week. that's march 1st. national security will as well, and it's seriously at risk. >> already the threat of these cuts has forced the navy to delay an aircraft carrier that was supposed to deploy to the persian gulf, and as our military leaders have made clear, changes like this, not well thought through, not phased in properly, changes like this affect our ability to respond to threats in unstable parts of the world. >> governor rendell, i just wonder what you think would be the situation, the scenario, if it comes to this. we pick up our paper someday, and the newspaper said, carrier group can't make it to persian gulf for lack of funding. i mean, i just wonder if we're ready to face something -- i don't think we ever faced that in world war ii, in korea, in vietnam where we're unable to fight the wars we're in. >> chris, overall it's an incredibly bad situation for the country, and we can argue over who deserves the blame for this, and there's probably blame to go around, but right now
FOX Business
Feb 19, 2013 7:00pm EST
entire economy at riso close loopholes that benefit only the wealthiest americans and corporations. lou: house speaker john boehner reminded the president the house has passed two sequester bills ignored by the democratically controlled senate. one in may, the other in december of last year. republicans have already given mr. obama his tax hikes on the rich. reading just last month the president got higher taxes on the wealthy and already back for more. the american people understand the revenue debate is now closed. and congress is closed as well. the house of representatives and the senate both in recess until next monday leaving the president only four days in which to reach out to congress if there is to be a deal done before sequestration takes effect. democrats led by the white house are opposed to cutting entitlements. even though they make up more than 60% of federal outlay. medicare, medicaid and social security alone take up 45% of the national budget. in the four plus years of the obama presidency, entitlement has been cut never. the national liberal media enabled thenable th
MSNBC
Feb 20, 2013 3:00pm PST
of compromise and in the interest of not inflicting a wound on this economy and protecting all the economically vulnerable people you just mentioned and these guys are saying, no, more cults for the wealthy. >> so, again, it's once again way, way, way out 069 mainstr m mainstream. >> you had braught up about how this is something that they had voted for and i had said how they're trying to make it the president's sequester. the american people seem to be clear. americans in congress seem to have a 12% approval rating. americans seem to be clear on who's doing what for the american people. >> especially since the american party has made cutting spending their main mantra. once again, you're restating the republican goal. people would see this as what they always wanted to do. the idea of closing loopholes. this was just their standard for the presidency saying close loopholes. obama is saying let's do it, too. and it is very serious, the ramifications. ahead, the explosive town hall that reveals the ugly rhetoric of the republican base. >> most of the people that come across the border are illi
CNN
Feb 22, 2013 1:00pm PST
that doesn't endanger our economy and jobs. >> reporter: now, just to hammer that message home, the white house sent out ray lahood to talk to reporters at the white house briefing. he talked about what he called a cal c calamity if these cuts go through. 47,000 faa employees are facing furloughs. that would result in delays at the airports and air traffic control would not have the staff that they normally would have and they might be closed altogether at the small air traffic control offices. here's what the transportation secretary had to say. >> flights to major cities, like new york, chicago, san francisco, and others could experience delays up to 90 minutes during peak hours because we have fewer controllers on staff. delays in these major airports will ripple across the country. >> reporter: now, earlier today, house speaker john boehner sent out a tweet complaining that the president is spending more time trying to blame republicans that he's actually engaging in negotiations and i can tell you from talking to both the speaker's office and the office of senate minority leader mitc
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